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Myanmar Airways says plane damage compensation could reach $750 million

April 24, 2014 - 6:19am

Myanmar Airways International Co. Ltd. chairman Khin Maung Lat has said a foreign insurer is investigating damage suffered by one of its planes after a Golden Myanmar Airlines aircraft accidentally bumped into it at Yangon International Airport.

Mr. Maung Lat said the overall compensation would reach $750 million, Eleven Myanmar reported. There were no passengers in either of the planes at the time of the accident.

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